Meet the Economic and Commercial Team

EC Meet The Team Michael Ade

SEIFSA’s Chief Economist Dr Michael Ade

Michael Ade joined SEIFSA on 1 August 2017 as Chief Economist. He holds a B.Com , a B.Com Honours an M.Com as well as a Ph.D in Economics from the University of the Witwatersrand. He also holds certificates in International Trade and Commodity Finance, Export Management and Econometric Analysis of Panel Data.
Prior to joining SEIFSA, Dr Ade worked for the South African Revenue Service, at Productivity South Africa, at ABSA Bank Ltd and at Afrikings, the marketing wing of Vodacom.

Dr Michael Ade: Chief Economist
011 298 932

SEIFSA’s Economist Ms Palesa Molise

Palesa Molise joined SEIFSA in August 2020 as an Economist within the Federation’s Economic and Commercial Division. She holds an M.Com in  Development Economics from the University of Johannesburg.

Part of her role at SEIFSA entails facilitating various workshops including the Theory and Calculation of Contract Price Adjustment (CPA) and Exports Development. She also advises clients both on the buying and supplying side of contracts on matters relating to contract price adjustment, and assists them to structure their Contract Price Adjustment clauses, using the SEIFSA Price and Index Pages (PIPS). Prior to joining SEIFSA, Ms Molise worked for Sanlam and Pearson Institute.

Ms Palesa Molise: Economist
011 298 9508

ec expert

SEIFSA’s Economic and Commercial Officer Ms Eleen Snyman

Eleen Snyman joined SEIFSA in March 2013 as an Economic and Commercial Officer within the Federation’s Economic and Commercial Division. Eleen has more than 15 years’ experience in imports and economic related matters. She assists in the daily compilation of the SEIFSA Price & Index Pages (PIPS) for the broader domestic economic industry.

Eleen is very passionate about her job. She continuously assists members and interested stakeholders with Contract Price Adjustments (CPA) queries and provides expert advice within the realm of her competence. She possesses commendable and exceptional customer service attributes and is increasingly gaining an understanding of intricate macro-economic dynamics, enabling her to effectively add value to the industry.

Ms Eleen Snyman: Economic and Commercial Officer
011 298 9410